Q4 2024 Truecaller AB Earnings Call Transcript

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Feb 18, 2025

Feb 18, 2025 / 12:00PM GMT
Operator

Welcome to Truecaller Q4 presentation for 2024.

(Operator Instructions)

Now I will hand the conference over to the CEO, Rishit Jhunjhunwala and CFO, Odd Bolin. Please go ahead.

Rishit Jhunjhunwala - Truecaller AB - CEO

Thank you. Hello, everyone, and welcome to our year-end webcast. I'm Rishit Jhunjhunwala, CEO of Truecaller since January this year, and I look forward to presenting our report along with Odd, our CFO. We'll start with the overall highlights from the quarter and then walk you through the financial performance. We will then cover product highlights and then we'll open up for questions as well.

So let's get started with the highlights of the quarter. We closed Q4 with an average of 429 million monthly active users, which is an increase of 15%. Our average daily active users grew 16% to 354 million. This therefore takes us to a record high down to ratio of 83%. Our net sales for the quarter stood at SEK523 million, a 23% increase year over year. All three of our revenue streams contributed to this growth, and the relative

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